Aspect Medical Systems' CEO Nassib Chamoun Presents at First Union Securities Second Annual Brain & Spine Symposium.Business Editors & Analysts NEW YORK--(BUSINESS WIRE)--Jan. 16, 2001 Aspect Medical Systems' CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Nassib Chamoun will be presenting his outlook for Aspect Medical Systems at the First Union Securities Second Annual Brain & Spine Symposium being held in The Swissotel, NY, NY on January 18, 2001. To listen to the free streaming audio A one-way audio transmission over a data network. It is widely used on the Web as well as company networks to play audio clips and Internet radio. Computers in home networks stream audio (mostly music) to digital media hubs connected to home theaters. of the live First Union Securities Second Annual Brain & Spine Symposium, see http://www.twst.com/firstconference.html. In an interview with The Wall Street Transcript for this conference, CEO Nassib Chamoun of Aspect Medical Systems (Nasdaq:ASPM ASPM Abnormal Spindle-Like Microcephaly Associated ASPM Asociación del Secretariado Profesional de Madrid (Spanish: Association of the Professional Secretaryship of Madrid) ASPM Armed Services Procurement Regulation Manual ) states, "Aspect Medical was founded in 1987 with the objective to develop and bring to market the first monitoring system that improves patient care by enabling anesthesia providers to more precisely manage a patient's level of consciousness during surgery." Mr. Chamoun explains, "Aspect has developed and is employing a strategic plan to ensure continued penetration in our core market and expanded applications of the technology to new environments and markets. In the short term, our focus has been and is primarily still on the use of this technology in the operating room operating room n. Abbr. OR A room equipped for performing surgical operations. to assess and manage a patient's level of consciousness while under general anesthesia Anesthesia, General Definition General anesthesia is the induction of a state of unconsciousness with the absence of pain sensation over the entire body, through the administration of anesthetic drugs. . This is a huge market. There are about 87,000 ORs worldwide in which about 50 million procedures are performed that can benefit from this technology, which equates to an annual opportunity of approximately $750 million per year for the disposable sensors, assuming a $15 per sensor cost." Mr. Chamoun adds, "Long term, we believe that our expertise in researching, examining and analyzing brain function, memory function and sedation Sedation Definition Sedation is the act of calming by administration of a sedative. A sedative is a medication that commonly induces the nervous system to calm. Purpose The process of sedation has two primary intentions. will contribute to our ability to develop a tool that helps identify and track the progression of Alzheimer's disease Alzheimer's disease (ăls`hī'mərz, ôls–), degenerative disease of nerve cells in the cerebral cortex that leads to atrophy of the brain and senile dementia. ." Mr. Chamoun's interview is available online at http://www.twst.com/firstconference.html. Serious investors can ask any of the presenting companies a question and read their answers through the TWST eConference interactive interface at http://www.twst.com/firstconference.html. |
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